# PPP loan: RICHLINE TEXTILE INC.
> **$226K** approved 04/14/2020 · Paid in Full · Loan `7678317108`
## Borrower
- **Name:** RICHLINE TEXTILE INC.
- **Address:** 1706 MAPLE AVE, LOS ANGELES, CA, 90015-3705
- **NAICS:** 424330
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $226K
- **Initial approval:** $226K
- **Forgiven:** $229K (101%)
- **Forgiveness date:** 06/24/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $226K
- **Jobs reported:** 20
## Lender
- **Originating:** Bank of Hope
- **Servicing:** Bank of Hope (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*